House of Commons
Publications on the internet
Bill Home Page
Notices of Amendments
Tuesday 25th July 2006
For other Amendment(s) see the following page(s) of Supplement
Consideration of Bill
To move the following Clause:—
‘(1) A business review must—
(a) state whether it has been prepared in accordance with relevant reporting standards, and
(b) contain particulars of, and reasons for, any departure from such standards.
(2) In this section, “reporting standards” means statements of standard reporting practice which the Secretary of State shall ensure are issued and which—
(a) relate to business reviews, and
(b) shall be issued by a body or bodies specified in an order made by the Secretary of State.
(3) References in this section to relevant reporting standards, in relation to a company’s business review, are to such standards as are, in accordance with their terms, applicable to the company’s circumstances and to the review.
(4) Where or the extent that the directors of a company have complied with a reporting standard, they are presumed (unless the contrary is proved) to have complied with the corresponding requirements of this Part relating to the contents of a business review.’.
Page 196, line 30, leave out Clause 423.
|© Parliamentary copyright 2006||Prepared: 26 July 2006|